Current Account Balance: Venezuela
Venezuela's current account balance is currently 2.5 % of GDP as of 2026. # Venezuela Current Account Balance Venezuela's current account balance stands at 2.
Current (2026)
2.5 % of GDP
-40.5% y/y
Peak (2005)
17.7 % of GDP
Low (2015)
-12.8 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 47 pts
Current Account Balance — Venezuela
1980 — 2026
Current Account Balance — Venezuela
Analysis# Venezuela Current Account Balance
Venezuela's current account balance stands at 2.5% of GDP in 2026, a substantial decline from its all-time peak of 17.7% in 2005 during the oil boom. The metric has contracted 66.2% since 1980, reflecting decades of economic deterioration. From 2005 onward, Venezuela experienced a prolonged weakening, culminating in a historic low of -12.8% in 2015 as oil prices collapsed and political instability deepened.
The period from 2020 to 2026 reveals a recovery trajectory. After plunging to -3.2% in 2020, the current account balance rebounded to positive territory by 2022 at 4.0%. However, the upward momentum has stalled—successive years show a declining trend from 5.8% in 2023 to the projected 2.5% in 2026. This gradual contraction suggests Venezuela's external position remains fragile despite the recent stabilization.
Historical Data
47 Rows| Year | Value | Change % |
|---|---|---|
| 2026 | 2.5 % of GDP | -40.48% |
| 2025 | 4.2 % of GDP | -14.29% |
| 2024 | 4.9 % of GDP | -15.52% |
| 2023 | 5.8 % of GDP | +45.00% |
| 2022 | 4 % of GDP | +544.44% |
| 2021 | -0.9 % of GDP | +71.88% |
| 2020 | -3.2 % of GDP | -154.24% |
| 2019 | 5.9 % of GDP | -29.76% |
| 2018 | 8.4 % of GDP | +12.00% |
| 2017 | 7.5 % of GDP | +320.59% |
| 2016 | -3.4 % of GDP | +73.44% |
| 2015 | -12.8 % of GDP | -656.52% |
| 2014 | 2.3 % of GDP | +27.78% |
| 2013 | 1.8 % of GDP | +157.14% |
| 2012 | 0.7 % of GDP | -86.54% |
| 2011 | 5.2 % of GDP | +188.89% |
| 2010 | 1.8 % of GDP | +800.00% |
| 2009 | 0.2 % of GDP | -98.04% |
| 2008 | 10.2 % of GDP | +75.86% |
| 2007 | 5.8 % of GDP | -60.81% |
Show all 47 rows
| Year | Value | Change % |
|---|---|---|
| 2006 | 14.8 % of GDP | -16.38% |
| 2005 | 17.7 % of GDP | +28.26% |
| 2004 | 13.8 % of GDP | -2.13% |
| 2003 | 14.1 % of GDP | +76.25% |
| 2002 | 8 % of GDP | +400.00% |
| 2001 | 1.6 % of GDP | -84.16% |
| 2000 | 10.1 % of GDP | +359.09% |
| 1999 | 2.2 % of GDP | +145.83% |
| 1998 | -4.8 % of GDP | -209.09% |
| 1997 | 4.4 % of GDP | -65.35% |
| 1996 | 12.7 % of GDP | +353.57% |
| 1995 | 2.8 % of GDP | -37.78% |
| 1994 | 4.5 % of GDP | +236.36% |
| 1993 | -3.3 % of GDP | +46.77% |
| 1992 | -6.2 % of GDP | -272.22% |
| 1991 | 3.6 % of GDP | -79.43% |
| 1990 | 17.5 % of GDP | +218.18% |
| 1989 | 5.5 % of GDP | +159.78% |
| 1988 | -9.2 % of GDP | -206.67% |
| 1987 | -3 % of GDP | +9.09% |
| 1986 | -3.3 % of GDP | -153.23% |
| 1985 | 6.2 % of GDP | -28.74% |
| 1984 | 8.7 % of GDP | +45.00% |
| 1983 | 6 % of GDP | +225.00% |
| 1982 | -4.8 % of GDP | -184.21% |
| 1981 | 5.7 % of GDP | -22.97% |
| 1980 | 7.4 % of GDP | — |
Related Data
Other Metrics
For Venezuela
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Demographics
People & population data